274 Abby DrWewahitchkaFL32465
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Wewahitchka at 274 Abby Dr, Wewahitchka, FL, 32465 offers $1,780/mo rent that, after a $1,189/mo payment, leaves $168/mo cash flow. Total monthly income is $1,780/mo, and annual cash flow is $2,013/yr on $80,555 cash. Return on cash invested measures 22.41% in year one, and rental yield stands at 8.79% at a $243,000 entry. Equity gained on principal adds $1,568/yr while 5% annual appreciation compounds into $67,136 by year five. Five-year ROI records 116.85% and total cumulative return in cash reaches $94,124. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,780/mo property income versus a $1,189/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32465, Wewahitchka, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,609 (100%) |
| Owner Occupied HU | 2,126 (58.9%) |
| Renter Occupied HU | 543 (15.0%) |
| Vacant Housing Units | 940 (26.0%) |
| Median Home Value | $199,412 |
| Average Home Value | $271,450 |
Housing Distribution
Address Breakdown
Residential
2,818
Single Family
2,818
Multi-Family
0
Businesses
149
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Listed by: Miranda Rollins • 98 Real Estate Group, LLC
Mls Name: Forgotten Coast Realtor Association
Mls ID: #324963